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Abercrombie & Fitch Co (FRA:AFT) Cyclically Adjusted PB Ratio : 8.54 (As of Jun. 04, 2024)


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What is Abercrombie & Fitch Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Abercrombie & Fitch Co's current share price is €163.48. Abercrombie & Fitch Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €19.14. Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio for today is 8.54.

The historical rank and industry rank for Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:AFT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.15   Max: 8.66
Current: 8.66

During the past years, Abercrombie & Fitch Co's highest Cyclically Adjusted PB Ratio was 8.66. The lowest was 0.38. And the median was 1.15.

FRA:AFT's Cyclically Adjusted PB Ratio is ranked worse than
92.01% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs FRA:AFT: 8.66

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Abercrombie & Fitch Co's adjusted book value per share data for the three months ended in Apr. 2024 was €19.678. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €19.14 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Chart

Abercrombie & Fitch Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.13 1.87 1.39 5.05

Abercrombie & Fitch Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.93 2.98 5.05 5.99

Competitive Comparison of Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio falls into.



Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=163.48/19.14
=8.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Abercrombie & Fitch Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Abercrombie & Fitch Co's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=19.678/131.7762*131.7762
=19.678

Current CPI (Apr. 2024) = 131.7762.

Abercrombie & Fitch Co Quarterly Data

Book Value per Share CPI Adj_Book
201407 15.444 100.520 20.246
201410 15.879 100.176 20.888
201501 17.253 98.604 23.057
201504 17.368 99.824 22.927
201507 16.776 100.691 21.955
201510 16.786 100.346 22.044
201601 17.656 99.957 23.276
201604 16.285 100.947 21.258
201607 16.396 101.524 21.282
201610 16.255 101.988 21.003
201701 17.250 102.456 22.186
201704 16.077 103.167 20.535
201707 14.733 103.278 18.798
201710 14.502 104.070 18.363
201801 14.939 104.578 18.824
201804 14.160 105.708 17.652
201807 14.536 106.324 18.016
201810 14.858 106.695 18.351
201901 15.990 106.200 19.841
201904 14.623 107.818 17.872
201907 14.013 108.250 17.058
201910 14.167 108.577 17.194
202001 15.194 108.841 18.396
202004 11.673 108.173 14.220
202007 11.239 109.318 13.548
202010 11.573 109.861 13.882
202101 12.323 110.364 14.714
202104 12.704 112.673 14.858
202107 13.557 115.183 15.510
202110 13.737 116.696 15.512
202201 13.782 118.619 15.311
202204 12.765 121.978 13.790
202207 13.150 125.002 13.863
202210 13.386 125.734 14.029
202301 13.159 126.223 13.738
202304 12.786 127.992 13.164
202307 13.852 128.974 14.153
202310 16.274 129.810 16.521
202401 18.817 130.124 19.056
202404 19.678 131.776 19.678

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Abercrombie & Fitch Co  (FRA:AFT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Abercrombie & Fitch Co (FRA:AFT) Business Description

Traded in Other Exchanges
Address
6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.

Abercrombie & Fitch Co (FRA:AFT) Headlines